NPP Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Performance Plus Municipal Fund, Inc. (NPP) NPP will trade ex-dividend, for its monthly dividend of $0.077, payable on 5/1/13. As a percentage of NPP's recent stock price of $16.01, this dividend works out to approximately 0.48%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for NPP, showing historical dividends prior to the most recent $0.077 declared by Nuveen Performance Plus Municipal Fund, Inc.:

NPP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NPP is likely to continue, and whether the current estimated yield of 5.77% on annualized basis is a reasonable expectation of annual yield going forward.

According to the ETF Finder at ETF Channel, NPP makes up 2.82% of the CEF Municipal Income ETF ( XMPT) XMPT which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Nuveen Performance Plus Municipal Fund, Inc. shares are currently trading flat on the day.

null

More from Stocks

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Novo Nordisk Stock Rises 4% Over 2 Sessions

Novo Nordisk Stock Rises 4% Over 2 Sessions

Stock Market Just Took Another Beating -- Here's What You Need to Know

Stock Market Just Took Another Beating -- Here's What You Need to Know

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins